Assessment of Personal Entrepreneurial Competencies (PECs) and Skills vis-à-vis a Practicing Entrepreneur in a Province Entrepreneurial competencies refer to the important characteristics that should be possessed by an individual in order to perform entrepreneurial functions effectively. In this module, you will learn some of the most important characteristics, attributes, lifestyle, skills and traits of a successful entrepreneur or an employee to be successful in a chosen career. Below are few important characteristics / traits / attributes of a good entrepreneur: Hardworking: One of the important characteristics of a good entrepreneur is hardworking. This means working diligently and being consistent about it. Hardworking people keep improving their performance to produce good products and/or provide good services. Confident: Entrepreneurs have self- reliance in one’s ability and judgment. They exhibit self-confidence to cope with the risks of operating their own business. Disciplined: Successful entrepreneurs always stick to the plan and fight the temptation to do what is unimportant.